New finance schemes announced for Tata Altroz, Nexon and Tiago

By Divyank Kushagra Bansal | on July 9, 2020

Customers planning to buy a Tata Altroz, Tiago or the Nexon can now choose from a variety of attractive finance schemes, ranging from long-tenure loans to zero-down payment and EMI Holiday plans.

A while back, Tata had launched the 'Keys to Safety' scheme that offered multiple easy finance schemes across its Passenger Vehicle (PV) line-up, except the Altroz. The initiative also offered exclusive discounts to COVID frontline warriors. Now, Tata has rolled out some more finance schemes applicable exclusively to the Altroz, Tiago and the Nexon.

Customers planning to buy any of the three above-mentioned models can take the car home by paying zero down-payment. Or, they can choose a 6-month EMI Holiday scheme where the customer only needs to pay the monthly interest amount for six months. In partnership with Karur Vysya Bank (KVB), Tata is also offering up to 100% on-road funding (for a 5-year loan tenure) on these models. Further, the 100% on-road funding scheme can be availed by both salaried and self-employed individuals.

Those looking for low EMIs and long loan tenures also have help at hand as Tata is even offering long-tenure loans of up to 8 years, with step-up EMIs. Thanks to this, a customer can drive home the Altroz (variant to be checked with an authorised dealer) with an initial EMI of just ₹5,555. Likewise, the offer is applicable to the Tiago (initial EMI of ₹4,999) and the Nexon (₹7,499).

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